Monday, October 14, 2013

Miracles can happen in Financial Markets


Dr. Marc Faber is negative on much of the future

"Well I think we have unprecedented government interventions with fiscal and monetary policies. For me it’s not really a question, it won’t work but miracles do happen, and maybe based on the bailouts and huge monetary inflation that the central bankers have created, maybe it is possible that the financial system heals and that the global economy resumes a, say, trend line growth such that we had in the 90’s and the early parts in 2000 and 2005. But I very much doubt that."





Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

LinkWithin

Related Posts Plugin for WordPress, Blogger...